XML 118 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements Of Comprehensive Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues      
Insurance premiums $ 5,277 $ 4,362 $ 3,018
Fee income 6,247 5,733 5,369
Net investment income 4,962 4,844 4,760
Realized gain (loss):      
Total other-than-temporary impairment losses on securities (28) (7) (18)
Portion of loss recognized in other comprehensive income 13    
Net other-than-temporary impairment losses on securities recognized in earnings (15) (7) (18)
Realized gain (loss), excluding other-than-temporary impairment losses on securities (813) (85) (438)
Total realized gain (loss) (828) (92) (456)
Amortization of deferred gain on business sold through reinsurance 27 4 18
Other revenues 507 507 439
Total revenues 16,192 15,358 13,148
Expenses      
Interest credited 2,754 2,589 2,558
Benefits 7,585 6,144 4,818
Commissions and other expenses 5,065 4,583 3,967
Interest and debt expense 145 136 126
Strategic digitization expense 66 76 43
Impairment of intangibles 905
Total expenses 15,615 13,528 12,417
Income (loss) before taxes 577 1,830 731
Federal income tax expense (benefit) (37) 257 (1,287)
Net income (loss) 614 1,573 2,018
Other comprehensive income (loss), net of tax:      
Unrealized investment gains (losses) 5,173 (3,314) 1,547
Funded status of employee benefit plans 4 2 (2)
Total other comprehensive income (loss), net of tax 5,177 (3,312) 1,545
Comprehensive income (loss) $ 5,791 $ (1,739) $ 3,563